Key Quantitative Figures
Standalone Financial Results (Quarter Ended June 30, 2026)
- Revenue from operations: ₹5,998.34 lakhs
- Income from operations: ₹5,995.88 lakhs
- Other income: ₹2.46 lakhs
- Total expenses: ₹5,546.63 lakhs
- Cost of operations: ₹4,800.61 lakhs
- Change in inventories: ₹181.75 lakhs
- Employee benefits expense: ₹281.37 lakhs
- Finance cost: ₹51.08 lakhs
- Depreciation and amortization expense: ₹110.60 lakhs
- Other expenditure: ₹121.22 lakhs
- Profit from operations before exceptional items: ₹451.71 lakhs
- Tax expense: ₹147.53 lakhs
- Current tax: ₹139.74 lakhs
- Deferred tax charge/(credit): ₹7.79 lakhs
- Net profit for the period: ₹296.39 lakhs
- Other comprehensive income: ₹0.00 lakhs
- Total comprehensive income: ₹296.39 lakhs
- Paid-up equity share capital (Face value ₹10 each): ₹6,074.19 lakhs
- Earnings per share:
- Basic: ₹0.49
- Diluted: ₹0.49
Consolidated Financial Results (Quarter Ended June 30, 2026)
- Revenue from operations: ₹9,515.61 lakhs
- Income from operations: ₹9,511.90 lakhs
- Other income: ₹3.71 lakhs
- Total expenses: ₹8,940.17 lakhs
- Cost of operations: ₹8,287.61 lakhs
- Change in inventories: ₹11.86 lakhs
- Employee benefits expense: ₹309.29 lakhs
- Finance cost: ₹63.23 lakhs
- Depreciation and amortization expense: ₹120.21 lakhs
- Other expenditure: ₹147.97 lakhs
- Profit from operations before exceptional items: ₹575.44 lakhs
- Tax expense: ₹183.21 lakhs
- Current tax: ₹173.45 lakhs
- Deferred tax: ₹9.76 lakhs
- Net profit: ₹392.23 lakhs
- Attributable to owners of the Company: ₹392.23 lakhs
- Attributable to non-controlling interests: ₹0.00 lakhs
- Other comprehensive income: ₹0.00 lakhs
- Total comprehensive income: ₹392.23 lakhs
- Attributable to owners of the Company: ₹345.27 lakhs
- Attributable to non-controlling interests: ₹46.96 lakhs
- Paid-up equity share capital (Face value ₹10 each): ₹6,074.19 lakhs
- Earnings per share:
- Basic: ₹0.65
- Diluted: ₹0.65
Subsidiary Financial Information (Quarter Ended June 30, 2026)
- Total revenue: ₹3,516.02 lakhs
- Total net profit after tax: ₹95.84 lakhs
- Total comprehensive income: ₹95.84 lakhs
Dates of Action
- Board meeting date: August 13, 2026
- Meeting duration: 12:00 PM to 03:15 PM
- Quarter ended: June 30, 2026
- Financial results approval date: August 13, 2026
- Auditor's review report date: August 13, 2026
Parties Involved
- Subsidiaries: Iotiq Innovations Private Limited, Innovistas Innovations Private Limited
- Statutory Auditors: Gorantla & Co (Firm Regn. No. 016943S)
- Auditor Partner: Sri Ranga Gorantla (Membership No. 222450)
- Company Secretary and Compliance Officer: Shilpi Gunjan
- Chairman and Managing Director: Ashok Kumar Ruddharaju (DIN: 03389822)
- Stock Exchange: BSE Limited
Memorandum of Association Alteration
The Board approved and recommended to shareholders the alteration of Clause III(A) of the Memorandum of Association:
1. Amendment of Sub-clause 8: Narrowing the scope of the existing object relating to "weapons, munitions, explosive systems" and restricting it to activities relating to defence electronics and defence systems.
2. Insertion of new Sub-clause 17: To enable the Company to undertake research, development, design, development of algorithms, software, platforms, applications and other software-based solutions relating to quantum technologies and quantum computing, together with related research, consultancy, testing, simulation, training and development activities. This expressly excludes the manufacture, production, fabrication or development of quantum hardware or hardware components.
Rationale for MOA Amendment
To align the objects of the Company with its present and proposed business activities and to provide greater clarity regarding the scope of the activities proposed to be undertaken by the Company.
Other Business Items
- Material related party transactions proposed to be entered into by the Company during Financial Year 2026-27, subject to approval of Members at the ensuing Annual General Meeting
Financial Impact
Financial impact of the MOA alteration and related party transactions not quantified in the disclosure. The alterations are subject to shareholder approval and other required approvals under applicable laws.
Additional Information
- The Company is engaged only in the business of IT/ITES services with no separate reportable segments
- Previous year/period figures have been regrouped and recast where necessary
- Financial results are available on BSE website (www.bseindia.com) and Company website (www.acstechnologies.co.in)
- Figures for quarter ended June 30, 2026 are subject to limited review